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Dec 7, 2012
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so sandy did leave an impact in the data. but i think the report as a whole shows that the economy has been resilient, as i say every month when i'm on your show we're making progress. we're digging our way out of a deep hole. we're not satisfied yet. there's a long way to go. but there are signs that the economy is continuing to heal. >> is it a realistic possibility a year ago today the unemployment rate was 8.7%. today it's 7.7%. is it a realistic possibility, i know you don't like to project numbers, but that we could expect another point drop a year from now? is. >> well, we'll come out with our official projections when the budget comes out but i would say if congress does address the problems that it needs to address concerning the fiscal cliff if we had reasonable resolution type of programs that the president has been proposing to support the economy in the short run, get us on a sustainable fiscal path in the long run, protect the middle class, we're going to continue to see progress in this economy. in fact, i woul
so sandy did leave an impact in the data. but i think the report as a whole shows that the economy has been resilient, as i say every month when i'm on your show we're making progress. we're digging our way out of a deep hole. we're not satisfied yet. there's a long way to go. but there are signs that the economy is continuing to heal. >> is it a realistic possibility a year ago today the unemployment rate was 8.7%. today it's 7.7%. is it a realistic possibility, i know you don't like to...
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Dec 7, 2012
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talking about sandy, there seems to be a lack of sandy effect as some had thought initially. we see a pullback, a little less than half of a percent. we have positive indications there that says the job market is doing better, too. what's your thought here? what drove this unexpected gain in jobs, basically double what some consensus numbers were? >> i think part of it is the data in which it was collected. we had an early thanksgiving so seasonal hiring for the holidays offset the superstorm sandy. in addition, i think -- and where i would differ from jared just a little bit and we rarely do -- the underlying economy is consideri considerably stronger. if you take into account the number of baby boomers that are retiring, that has not been talked about and does effect the labor force participation rate. the broadest measure of unemployment, the unemployed and those who left the workforce fell to 14.7%. so i think things are getting better. what i'm most afraid of is the type of talk we heard from speaker boehner and maxine waters. they are taking us to the cliff on both side
talking about sandy, there seems to be a lack of sandy effect as some had thought initially. we see a pullback, a little less than half of a percent. we have positive indications there that says the job market is doing better, too. what's your thought here? what drove this unexpected gain in jobs, basically double what some consensus numbers were? >> i think part of it is the data in which it was collected. we had an early thanksgiving so seasonal hiring for the holidays offset the...
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Nov 30, 2012
11/12
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have forgotten sandy. life goes on. they are over it. but we remind you as the officials were patting themselves on the we back, we know the reality, because we are familiar with this area, friends and family are there. it is not way are being told. but i have to tell you, it isn't what you have been told. if you think the crisis has passed and life is good, these folks, many of them have faced thanksgiving from hell, are now looking at the same thing for christmas. i think they deserve better. and i think our government if it is going to step up to the role of doing more should try. in the meantime, before the townhall, we had this. >>guest: you think this is a joke? a joke? you are a joke. you it is there with a smile and i thought you would do better and that is why we voted. we thought you would help the people. >>neil: i am telling you, folks, this erupted and staten island residents were not only yelling at officials but taking on president obama. >> i told president obama he lied, fema lied, they ar
have forgotten sandy. life goes on. they are over it. but we remind you as the officials were patting themselves on the we back, we know the reality, because we are familiar with this area, friends and family are there. it is not way are being told. but i have to tell you, it isn't what you have been told. if you think the crisis has passed and life is good, these folks, many of them have faced thanksgiving from hell, are now looking at the same thing for christmas. i think they deserve better....
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Dec 6, 2012
12/12
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hurricane sandy was the most destructive ever reported. it's the combination of the warmer ocean temperatures make the storms stronger, feeds it more water and then the sea level rise. it's going to be get higher and higher and it's going to make the storm surges like sandy worse and worse. people should know we still have time to act. we can still avert the worse but time is certainly running out. >> cenk: one of theout. >> eliot: one of the things critical is the increase of earth temperature and once above that we see the impact environmentally. where are we now and how long will it take, and what must we do right away to minimize the impact we're going to see? >> we're at about eight degrees centigrade warming a little below a degree fahrenheit. if we hit 3.5-degrees fahrenheit we're risking serious impacts. what we need to do now is negotiate. the world climate negotiators are meeting right now and the united states is there. we need some leadership. >> eliot: the leadership, though--let me ask this question this way. we know that the
hurricane sandy was the most destructive ever reported. it's the combination of the warmer ocean temperatures make the storms stronger, feeds it more water and then the sea level rise. it's going to be get higher and higher and it's going to make the storm surges like sandy worse and worse. people should know we still have time to act. we can still avert the worse but time is certainly running out. >> cenk: one of theout. >> eliot: one of the things critical is the increase of earth...
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Dec 7, 2012
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sandy will have had an affect on this. what we're interested to know is whether or not the fiscal cliff fears had any affect on this. was there less hiring, anybody laying off in anticipation of the fiscal cliff? that will be hard to determine. christine and i will look at the numbers when they come in to see if there's any impact of that. the affect of sandy, 86,000 fewer jobs than we otherwise would have had. we're looking at a much lower number. christine appears to have it right now. we are -- >> lowest unemployment rate since december '08. 7.7%. that's the unemployment rate. surprise there. i'm going to listen to the jobs part of it. >> that is unexpected. we were expecting the unemployment rate to go to 8.0, from 7.9 to 8.0. it's gone the other direction. >> 146,000 jobs created. >> double than what was expected. >> diane s wochlswonk, chief ec. 7.7% is the unemployment rate, 146,000 jobs that have been added. the estimates were completely off. what are the implications of these numbers? >> well, certainly it's reass
sandy will have had an affect on this. what we're interested to know is whether or not the fiscal cliff fears had any affect on this. was there less hiring, anybody laying off in anticipation of the fiscal cliff? that will be hard to determine. christine and i will look at the numbers when they come in to see if there's any impact of that. the affect of sandy, 86,000 fewer jobs than we otherwise would have had. we're looking at a much lower number. christine appears to have it right now. we are...
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Dec 7, 2012
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well, they are better than we thought they would be because it doesn't have any impact of hurricane sandy. there wasn't a big displacement of people looking for work. now, let's get a couple of things down here, though, to start with. there are still 12 million unemployed americans. the unemployment rate fell for reasons that we don't like very much. people leaving the labor force. this is a better report than we expected it to be but still not a great report. >> now the question is, what goes on with the fiscal cliff? could the number get any better? >> i think that is the hope on wall street and republicans that have been talk ug for years and of the business community and to start spending down their profits and there might be a better sort of ofavalanche, if u will. the question is, what does that deal have to look like to unleash those hopes? it probably has to be something permanent and not a punt. >> the republicans talked about two things, though. one, as you say, is about certainty and they say that businesses need that certainty to start hiring but they've also warned that if ta
well, they are better than we thought they would be because it doesn't have any impact of hurricane sandy. there wasn't a big displacement of people looking for work. now, let's get a couple of things down here, though, to start with. there are still 12 million unemployed americans. the unemployment rate fell for reasons that we don't like very much. people leaving the labor force. this is a better report than we expected it to be but still not a great report. >> now the question is, what...
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Nov 30, 2012
11/12
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it has been more than a month since hurricane sandy devastated the community. many residents were sleeping in their cars and braving the temperatures here. we have more from a fox affiliate wnyw. reporter: scott mcgrath, his anger was clear. he was one of many people at this packed meeting. a meeting that quickly became a shouting match. [cheers] [inaudible conversations] reporter: the president who organized the meeting tried to keep order. it was supposed to ask questions written on cards. but that changed when people shouted from the floor, frustrated that the questions were not being answered. >> the air quality is bad and what can you do about it? >> this gentleman has been living in a tent. it was set up by the midland avenue neighborhood believed. >> we cannot go anywhere. i don't know what's going on or. reporter: nakoula the same question. she said that her new home with the story that. >> our communities are helping. red cross comes by. we help each other. that's what we want to do, but we need your support, sir. reporter: the new york city officials
it has been more than a month since hurricane sandy devastated the community. many residents were sleeping in their cars and braving the temperatures here. we have more from a fox affiliate wnyw. reporter: scott mcgrath, his anger was clear. he was one of many people at this packed meeting. a meeting that quickly became a shouting match. [cheers] [inaudible conversations] reporter: the president who organized the meeting tried to keep order. it was supposed to ask questions written on cards....
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Dec 6, 2012
12/12
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sandy reminded us of a very stark reality. we can either invest in protections now or we will pay more later. i would like to spend a little time talking about the mitigation issue in two areas. fema and localities and flexibility to mitigate against future disasters of we can save taxpayer money. the electric grid. on long island, public power agency long island power authority suffered unprecedented damage to an unprotected system. 4,500 polls, 400 miles of electrical line, 50 of one under 85 substations victims. 1 million people were without power. and for over two weeks the country watched as an inept and unprepared utilities struggled to even communicate let alone restore power. did not do enough target the system or flood prove substations . that type of system that allows you to use computers and sensors to respond to adages, learn where the damages and communicate with customers. the lack of investment and foresight is now costing us big-time. it does not give me pleasure to report to this committee that we will be sub
sandy reminded us of a very stark reality. we can either invest in protections now or we will pay more later. i would like to spend a little time talking about the mitigation issue in two areas. fema and localities and flexibility to mitigate against future disasters of we can save taxpayer money. the electric grid. on long island, public power agency long island power authority suffered unprecedented damage to an unprotected system. 4,500 polls, 400 miles of electrical line, 50 of one under 85...
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Dec 7, 2012
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house yesterday, making his case to president obama to get more federal aid for victims of hurricane sandy. president obama's expected to ask congress for an additional $50 billion to help states hit by the october storm, but christie says sandy will cost new jersey alone up to $37 billion. new york governor andrew cuomo and new york city mayor michael bloomberg also made similar trips to d.c. recently to push for more federal support. >>> after a delay noted by none other than "the new york times's" maureen dowd, secretary of state hillary clinton is coming to the defense of u.n. ambassador susan rice, calling her a stalwart colleague. rice is seen as a top pick to succeed clinton in the state department, but is under attack by republicans who accuse her of misleading the public in the aftermath of the september 11th attacks at the u.s. consulate in benghazi. >> and it's important to remember what susan said was based on the information that had been given to every senior official in our administration, and she made very clear in her appearances that the information was subject to change
house yesterday, making his case to president obama to get more federal aid for victims of hurricane sandy. president obama's expected to ask congress for an additional $50 billion to help states hit by the october storm, but christie says sandy will cost new jersey alone up to $37 billion. new york governor andrew cuomo and new york city mayor michael bloomberg also made similar trips to d.c. recently to push for more federal support. >>> after a delay noted by none other than...
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Nov 30, 2012
11/12
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important because the melting is causing sea levels to rise, and that makes coastal storms, say superstorm sandy, worse because of the massive flooding that's caused. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his way. ♪ [ laughs ] [ applause ] i love you. i love you, too. >>> to politics now where u.n. ambassador susan rice is not just under fire over what she said about benghazi. now "the washington post" states her and her husband do business in iran. $50,000 is in royal dutch shell, an oil company that stopped buying from iran thi
important because the melting is causing sea levels to rise, and that makes coastal storms, say superstorm sandy, worse because of the massive flooding that's caused. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. with his wife, danielle, almost every weekend. derrell hasn't been...
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Nov 30, 2012
11/12
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on october 31st. >> that goes back to blame the sandy. we know we'll see a lot more of that. super value is a great story. all you have to do is look at the sales decline of this company. you wonder what the buyers are really looking at here when they look at the debt, combined with the sales and earnings decline, it is so enormous, just go look at a chart of it and you'll wonder what these guys are seeing. >> i remember a number of years ago before i joined cnbc, i was at another network and i went po minneapolis and met with the then-ceo of super value right after they did this deal. because they were a distributor and a wholesaler. then they bought cub foods and they got more into the retail game, changed their game, spending a lot, borrowing a lot, their debt rating was junk. he seemed very confident. he's gone now. >> i wonder how it lost its way in such a grand way. new until you see the numbers you don't realize how bad it is. >> do you think there's another lesson here because super value should be perceived as a "safe" company gi
on october 31st. >> that goes back to blame the sandy. we know we'll see a lot more of that. super value is a great story. all you have to do is look at the sales decline of this company. you wonder what the buyers are really looking at here when they look at the debt, combined with the sales and earnings decline, it is so enormous, just go look at a chart of it and you'll wonder what these guys are seeing. >> i remember a number of years ago before i joined cnbc, i was at another...
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Dec 7, 2012
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chris and sandy's twin boys were just entering high school. when this case is heard, they will be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. and in this country we don't deny a certain portion of our citizens a fundamental right. we just don't. it's not american. >> isn't it true that when we had this in the court in the ninth in the appellate level, nobody came forward because nobody could come up with what you call a justification, some compelling reason. just chat on that point. you raised it. there's no compelling reason against giving the rights to people, the right to marriage. >> that's exactly right, chris. it's important to note in both of these cases, the united states government has refused to defend doma, the federal law that's now before this court, and when we filed the case right here in california as one has to do, we sued the governor at the time which was arnold schwarzenegger and our attorney general at the time which was jerry brown, th
chris and sandy's twin boys were just entering high school. when this case is heard, they will be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. and in this country we don't deny a certain portion of our citizens a fundamental right. we just don't. it's not american. >> isn't it true that when we had this in the court in the ninth in the appellate level, nobody came forward because nobody could come up...
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Dec 2, 2012
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and part of that is due to sandy. there were $18 billion in lost wages and salaries from sandy. it really hit, although it didn't hit the nation, it will have an impact on g.d.p. and on unemployment. in october, we also saw that there was a decrease in purchases, adjusted for inflation, the biggest in three months. so, there was a definite stoppage, this was a populated area with an impact. >> when do we expect the numbers will come back? >>guest: there is one positive impact in terms of the economy. you have workers, construction workers coming from all over the country who have been unemployed to help rebuild and we are expecting there could be a half percentage point increase in economic growth next year because of this rebuilding effort. >>heather: is that construction jobs or over all? >>guest: in the reconstruction, rebuilding and infrastructure. this is not the way that we want economic growth but there is one side where people are getting jobs who did not have them before. >>heather: and another increase in auto sales? >>guest: so many of the cars were flooded out and th
and part of that is due to sandy. there were $18 billion in lost wages and salaries from sandy. it really hit, although it didn't hit the nation, it will have an impact on g.d.p. and on unemployment. in october, we also saw that there was a decrease in purchases, adjusted for inflation, the biggest in three months. so, there was a definite stoppage, this was a populated area with an impact. >> when do we expect the numbers will come back? >>guest: there is one positive impact in...
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are all the sandy charities getting all the money this year? >> unfortunately when disasters happen there is flood of money because of a good heart of americans and it is appropriate that way, but when it happens right have to make choices where your charitable dollars to go there is tension and some charities that lose out that really need help. of course it is no easy choice for a donor. we recommend if at all possible that you don't forget those charities that are there for you all year-round. gerri: up 7.5% for the big charities. that is an amazing number. ken, thanks for coming on. it is charitynavigate tore.org, correct? >> correct. gerri: great website. president obama and his family getting into the christmas spirit at the 90th tree-lighting ceremony at the whites house. it was transplanted to the white house days before the hurricane. look at that. it is cool. it made it through unharmed. obama was saying santa claus is coming to town. this is the tree outside. guess what? there are 54 more of them inside the house. than last year. the
are all the sandy charities getting all the money this year? >> unfortunately when disasters happen there is flood of money because of a good heart of americans and it is appropriate that way, but when it happens right have to make choices where your charitable dollars to go there is tension and some charities that lose out that really need help. of course it is no easy choice for a donor. we recommend if at all possible that you don't forget those charities that are there for you all...
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Dec 4, 2012
12/12
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make it to the hurricane sandy victims. the people have a big heart but they do not thing after the fact whether it could be a good idea to help those folks affected on the ground rather than the huge bureaucracies that presumably will help them on the ground. there is something wrong with the process that reduces the amount of money you get to a fraction of what was handed out. >>guest: it is essentially the money is laundered through the washington bureaucracy. we have seen this years ago blue are talking about welfare or any other program by the time the money reaches the intended victim it has been essentially fleeced. that is walk, one of the things that washington is really effective at. they know how to fleeces they know how to get each level bureaucracy to get theirs, essentially. >>neil: you seize on the emotional moment. thank you, thank you. and now, a charity bell ringer was turned away. and he claims women are to blame. .. >>neil: imagine walking into your first day of work and seconds later being told it will
make it to the hurricane sandy victims. the people have a big heart but they do not thing after the fact whether it could be a good idea to help those folks affected on the ground rather than the huge bureaucracies that presumably will help them on the ground. there is something wrong with the process that reduces the amount of money you get to a fraction of what was handed out. >>guest: it is essentially the money is laundered through the washington bureaucracy. we have seen this years...
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Dec 1, 2012
12/12
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could have something to do with superstorm sandy. weak in yesterday's third quarter gdp report. profits, and these are the broadest gdp profits, covering about 5 million large and small companies really came in pretty good in the third quarter. up 9% from a year ago. so even though business looks weak, good profits could be the backbone of the stock market despite the hysteria of the fiscal cliff. let's talk to don -- for all th hysteria, profits are rising, the economy has got pluses and minuses. i'm not sure people need to pay all that attention to the fiscal cliff. >> well, if you look at what the global stock markets are doing, they suggest that our market would be doing significantly better were it not for the fiscal cliff. now profits have been good. i think people are getting used to the idea they trust corporate ceos more than they trust those that print government bonds that aren't really worth as much by the time they mature. they're also seeing a yield compression around the world. if you look at corporate beyond yields, they're about half of where they were just a ye
could have something to do with superstorm sandy. weak in yesterday's third quarter gdp report. profits, and these are the broadest gdp profits, covering about 5 million large and small companies really came in pretty good in the third quarter. up 9% from a year ago. so even though business looks weak, good profits could be the backbone of the stock market despite the hysteria of the fiscal cliff. let's talk to don -- for all th hysteria, profits are rising, the economy has got pluses and...
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Dec 2, 2012
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>> i think sandy changed it a little bit. they let the president be president. i think it helped. >> i would also say this race was more of a referendum in some way on mitt romney than it was the president and that's unusual. >> did your side -- i know you're a true believer and i respect that. i mean it. do you think they didn't really believe he believed? >> no, i don't think that was the problem. i think the bigger problem was two things. they never personally connected with him. they never felt this attachment and didn't see him as this person. that's his personality. secondly, i think we failed midd middle-income blue collar voters who feel we no longer understand their daily life and that we think it'sal about the social issues and fighting the tax breaks for the wealthy. >> i know. my dad's a regular republican, not a right winger. he e said the trouble with my party is they care about the big corporations too much, like ge used to always point to it. look at this. romney's senior adviser defended his campaign this week in a big article he wrote. he said
>> i think sandy changed it a little bit. they let the president be president. i think it helped. >> i would also say this race was more of a referendum in some way on mitt romney than it was the president and that's unusual. >> did your side -- i know you're a true believer and i respect that. i mean it. do you think they didn't really believe he believed? >> no, i don't think that was the problem. i think the bigger problem was two things. they never personally...
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charles: another hearing on hurricane sandy today. the victims are feeling that they are not being heard. >> fema is doing nothing. they still keep going around in a circle. a lot it is a joke. charles: this staten island resident says washington is losing focus on hurricane sandy. to be frank with you, from day one, staten island did not release been high on list of priorities. a lot of people felt that way then. how are you feeling? >> i agree with you. it seems like staten island is a forgotten puddle. you know, we are being forgotten about. i started to wonder is it because it's a republican town? because most people are republicans here. and is this because the majority of people that get loaded for office are republican. the president said when i met with them that fema works for him. and results are going to happen. it still hasn't. charles: i remember that. of course, your outburst at one of these recent meetings, when i thought the first time, i actually had goosebumps because i could feel the passion and pain. also, discussi
charles: another hearing on hurricane sandy today. the victims are feeling that they are not being heard. >> fema is doing nothing. they still keep going around in a circle. a lot it is a joke. charles: this staten island resident says washington is losing focus on hurricane sandy. to be frank with you, from day one, staten island did not release been high on list of priorities. a lot of people felt that way then. how are you feeling? >> i agree with you. it seems like staten island...
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Dec 6, 2012
12/12
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here we are with hurricane sandy, thank you very much for all you're doing. we enjoy -- encourage you to use the fema funds that have been provided as be intended and spelled out in the legislation. and there's always an opportunity for supplement. you find there is something we left that needs attention, don't with b ashamed to -- we thank you for appearing before our committee this morning. as we go forward in trying to help the people who have been impacted by hurricane sandy. >> thank you senator cook corcoran. thank you for raising the river debris. those are tied up. let's use the opportunity to get that straight because they're going to be lofts, you know, debris in the mashes and rivers and wetlands along this, you know, islands along this east coast and it just not necessary for people to suffer the way we did trying to get that debris. so many different jurisdictions and et. cetera. thank you for raising that. i want staff to make a note so question make sure we address that. senator? >> thank you madam chair. i don't want to pull a landrieu. i want
here we are with hurricane sandy, thank you very much for all you're doing. we enjoy -- encourage you to use the fema funds that have been provided as be intended and spelled out in the legislation. and there's always an opportunity for supplement. you find there is something we left that needs attention, don't with b ashamed to -- we thank you for appearing before our committee this morning. as we go forward in trying to help the people who have been impacted by hurricane sandy. >> thank...
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Dec 6, 2012
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. >> hurricane sandy. >> obviously new jersey still needs help. and he's not helping his political career doing that. a general election, yes. but he does have to face conservative threats in the primaries, not the best way. >> a cynical view of this -- >> sorry. it's holiday season but it's true. >> that's why we have you here. you call it like it is, my friend. that's all for us. thank you. we have to go. but i'll see you back leer tomorrow at noon eastern, 9:00 a.m. pacific joined by ben white, joan walsh, ben smith and msnbc's very own chris heys. until then, follow us on twitter -- wow, having a hard time with the teleprompter. "andrea mitchell reports" next. chris cillizza is filling in for her. good afternoon, mr. cillizza. >> i don't know what those words mean but assume they're compliments. >> $5 compliments. >> i'll take them. >> coming up next on "andrea mitchell reports," jim demint is out. the tea party leader announces his departure from congress. what does it mean for the senate and the future of the republican party? chuck todd, go
. >> hurricane sandy. >> obviously new jersey still needs help. and he's not helping his political career doing that. a general election, yes. but he does have to face conservative threats in the primaries, not the best way. >> a cynical view of this -- >> sorry. it's holiday season but it's true. >> that's why we have you here. you call it like it is, my friend. that's all for us. thank you. we have to go. but i'll see you back leer tomorrow at noon eastern, 9:00...
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Nov 30, 2012
11/12
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. > a number of retailers are mentioning that hurricane sandy damaged their sales. could that benefit some consumers? > > it is going to depend on where you live. if you live on the east side or the northeast side, where you were hit by hurricane sandy, you are probably going to see some good sales on luxury items, because right now people are spending their money on home improvement, and they are spending their money on recouping the everyday stuff they lost in the hurricane. meanwhile, on the west coast, those luxury items are already being sold at a pretty steady pace right now, so you are not likely to see a lot of sales on that. but certainly there will be sales, and dependent on how the season progresses, you can expect sales like that. but you are better off on the east coast getting sales on luxury goods than you will be on the west coast. > thank you very much for that update. jen waters. > > thank you. two million toys seized so far this year, and that's before christmas. that number comes from the u.s. consumer product safety commission, along with u.s. c
. > a number of retailers are mentioning that hurricane sandy damaged their sales. could that benefit some consumers? > > it is going to depend on where you live. if you live on the east side or the northeast side, where you were hit by hurricane sandy, you are probably going to see some good sales on luxury items, because right now people are spending their money on home improvement, and they are spending their money on recouping the everyday stuff they lost in the hurricane....
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Dec 7, 2012
12/12
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CNBC
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hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6 to a mere 0.4%. it's warned of an imminent recession as problems in europe periphery weigh. futures at the moment forecasts a soft start. down 15 at the moment on the dow, nasdaq currently called down 3.8, and s&p 500 around 1.5 points. european stocks are flat really. forgave points for the ftse, xetra dax is up though at it highest level since 2008. up nearly 28% this year. flat on the cac, ibex down two thirds. but hurricane sandy is expected to have put a pretty big accident in the november u.s. jobs report. it's out at 8:30 eastern. nonfarm p
hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6...
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Dec 7, 2012
12/12
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CURRENT
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ruth is in sandy hook connecticut. >> good morning, bill. i am calling to say, please keep feeling guilty. >> why? >> because this adorable company does things to make sure that they don't pay taxes in the u.s. there is a thing called -- this was in "the new york times." it's double-dutch sandwich which reduces taxes by routing profits through irish subsidarbs like they are in i think arizona, even when they do things in california they manage to ship a part somewhere else. so they are one of the worst, even worse than wal-mart in terms of what they might have contributed to to. i take it that $24,000,000,000. >> they are avoiding in taxes . >> one little tiny thing, they have had the opportunity over the courses of the years to do things in a much safer way when they manufacture in china and all over the place. >> no. there have been stories about the working conditions in china which is another reason i am glad these jobs are coming here. ruth ruth, you make a good point. i feel good about apple but we also have to change the tax laws so t
ruth is in sandy hook connecticut. >> good morning, bill. i am calling to say, please keep feeling guilty. >> why? >> because this adorable company does things to make sure that they don't pay taxes in the u.s. there is a thing called -- this was in "the new york times." it's double-dutch sandwich which reduces taxes by routing profits through irish subsidarbs like they are in i think arizona, even when they do things in california they manage to ship a part...
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Nov 30, 2012
11/12
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CURRENT
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sandy. it's november 30, 2012 and our planet is in jeopardy i. if you haven't heard about it today. don't worry, it will be the same story tomorrow 31 [ ♪ music ♪ ] >> jennifer: many people think that climate change only threatens the future and won't effect them. try telling that to the victims of super storm sandy. it's been over a month since sandy slammed the east coast and killed 120 people in the u.s. and caused billions of dollars of damage. unless you live in one of the affected areas you probably think things are back to norm. but that's because the media is barely cleaning up the cleanup efforts. in new york city, they're living in third world conditions, raw sewage continues to flow into water ways. thousands still have no power and direct subway service is not expected to return into the middle of next year. >> we were up to five feet of water. it was not water but it was all cesspool so it was sewage water. >> how much can a body tank. >> blankets, two socks three sweaters a
sandy. it's november 30, 2012 and our planet is in jeopardy i. if you haven't heard about it today. don't worry, it will be the same story tomorrow 31 [ ♪ music ♪ ] >> jennifer: many people think that climate change only threatens the future and won't effect them. try telling that to the victims of super storm sandy. it's been over a month since sandy slammed the east coast and killed 120 people in the u.s. and caused billions of dollars of damage. unless you live in one of the...
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Dec 1, 2012
12/12
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FOXNEWSW
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eye 168
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camp tlc is now camp sandy. living with the challenges and a mobile camp and they served 500 kids who are victims of natural disasters and in shelters and been in hospitals. the bus picked up 30 kid and parents and they are singing you are my sunshine and really trying to turn their lives back around and get them back on solid ground. joined by the camp director. good morning to you. >> fantastic. thank you for being with us. what have the kids gone through. you heard amazing stories. >> they weathered the storm. a lot of these families were up on the roofs trapped for 12 hours and their lives are turned upside down and now living in shelters and not playing with friends. these are now their neighbors . for them to come here and have fun. it means the world to them and their families. >> they have forgotten how to play until they walk in. >> they losteving they had from clothing to toys and iphones and everything. for us to come in and bring it all back. you can see them warping up smiling more. >> yeah, carolyn
camp tlc is now camp sandy. living with the challenges and a mobile camp and they served 500 kids who are victims of natural disasters and in shelters and been in hospitals. the bus picked up 30 kid and parents and they are singing you are my sunshine and really trying to turn their lives back around and get them back on solid ground. joined by the camp director. good morning to you. >> fantastic. thank you for being with us. what have the kids gone through. you heard amazing stories....
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Dec 5, 2012
12/12
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KPIX
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eye 261
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despite surviving superstorm sandy the statue of liberty remains off limits to visitors. >> this is the "cbs morning news" for wednesday, december 5, 2012. >>> good morning. good to be with you. i'm terrell brown. we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are now taking some heat over their latest plan a lot of it from within their own party. >> five, four -- >> reporter: house speaker john boehner led the countdown to the lighting of the capitol hill christmas tree last night. >> one. >> reporter: but a di
despite surviving superstorm sandy the statue of liberty remains off limits to visitors. >> this is the "cbs morning news" for wednesday, december 5, 2012. >>> good morning. good to be with you. i'm terrell brown. we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social...
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Nov 29, 2012
11/12
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FOXNEWSW
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when sandy socked sandy. a direct christmas hit. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >>neil: the october super storm causing november sales if retail to dive. how much? >>guest: retailers lost multiple key shopping days as stores were closed or saw little business after the super storm as residents tried to recover. target, we know the chain was the largest discount retailer has many stores along the east coast and they saw sales follow 1 percent missing a 2.1 percent expected rise. macy's sales fell 1 percent during the month, the first sale drop for the department store chain in three years. a rise in sales was expected there. and in all of this despite the company saying they had the largest volume thanksgiving day weekend in history not en
when sandy socked sandy. a direct christmas hit. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >>neil: the october super storm causing november sales if retail to dive. how much? >>guest: retailers lost...
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the most vocal of sandy's victims is blasting back. find out why coming up next. >> we are the people that are ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. now we need a little t more... [ male announcer at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating ang national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the
the most vocal of sandy's victims is blasting back. find out why coming up next. >> we are the people that are ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. now we need a little t more... [ male announcer at humana, we understand the value of quality...
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Dec 1, 2012
12/12
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FOXNEWSW
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. >> and hurricane sandy left many people homeless. new reaction from victims furious at relief response and president obama. >> president obama, he said he was going to cut through the red tape. he lied. he says, what do you mean? i said you lied. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. >>. >> heather: two people have died after a bus crash in florida. the doubling decker was carrying 32 members of a church group when it slammed in an overpass. >> people in wyoming say the man involved in a deadly attacks yesterday used a bow and arrow in one of killings. authorities say this christopher krum first stabbed a woman on friday and then went to the college where his father was teaching and shot him with a bow and arrow. he later stabbed and killed himself. >> more than hundred people are waiting to return to
. >> and hurricane sandy left many people homeless. new reaction from victims furious at relief response and president obama. >> president obama, he said he was going to cut through the red tape. he lied. he says, what do you mean? i said you lied. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a...
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Dec 1, 2012
12/12
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MSNBCW
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>> certainly, i think sandy changed things. it let the president be president. i think that helped. >> it changed the subject from benghazi. >> i would also say this race was more of a referendum in some way on mitt romney than it was the president, and that's unusual -- >> does your side -- i know you're a true believer, and i respect that. do you think -- i mean it. do you think they didn't really believe he believed? >> no, i don't think that was the problem. i think the bigger problem was two things. they never personally connected with him. they never felt this attachment, and they didn't see him as -- >> personal. >> second of all, i think we failed middle income blue collar voters who feel we no longer understand their life, no longer are fighting daily for them, and they think what we're about are just the social issues and fighting for tax breaks for the wealthy. that's not what we're about, but we sure let that perception happen. >> my dad is a regular republican, not a right winger. he used to say the trouble with my party is they care about the big c
>> certainly, i think sandy changed things. it let the president be president. i think that helped. >> it changed the subject from benghazi. >> i would also say this race was more of a referendum in some way on mitt romney than it was the president, and that's unusual -- >> does your side -- i know you're a true believer, and i respect that. do you think -- i mean it. do you think they didn't really believe he believed? >> no, i don't think that was the problem. i...
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Nov 30, 2012
11/12
by
FBC
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one of the reasons was superstorm sandy affected business. so they're off to a slow start for the current quarter. as for the third quarter just wrapped up, really solid numbers. profits rose by 57% in q3. they raised their numbers for the full year but genesco obviously a big loser today. back to you. melissa: thanks so much, lauren. lori: president obama finally lit up his plan for avoiding the fiscal cliff. melissa is fully in favor of it. but republicans are not taking the bait. peter barnes is with us in d.c.. >> speakser boehner was back out in front ever the cameras the last hour splam slamming the president's proposal yet again but willing to move forward in good faith to reach a deal to avoid the fiscal cliff. >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult but if you watched me over the last three weeks i've been very guarded what i have to say. i don't want to make it harder for me or the president or members of both parties to be able to find common ground. >> as you recall the president
one of the reasons was superstorm sandy affected business. so they're off to a slow start for the current quarter. as for the third quarter just wrapped up, really solid numbers. profits rose by 57% in q3. they raised their numbers for the full year but genesco obviously a big loser today. back to you. melissa: thanks so much, lauren. lori: president obama finally lit up his plan for avoiding the fiscal cliff. melissa is fully in favor of it. but republicans are not taking the bait. peter...
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Dec 1, 2012
12/12
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CURRENT
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josh fox chronicles the work of occupy sandy as well as the human terms of climate change in a newly released short documentary. >> a breezy point an entire neighborhood burned to the ground deposited here in a parking lot of the peach. mattresses, sides of houses, everything one could find each small pile representing a person or a family. a tiny sliver of the american dream left on the scrap heap. >> they've been predicting a storm this big would change the coast line for a long time. we just never saw it. now we have. i think people will start thinking more seriously about it. >> eliot: josh fox joins me now. thank you for being here and poignant documentary you've created. >> thank you for having me. i was sitting at home in my brooklyn studio, and i had to walk over ten blocks to the church at 520 clinton to see what occupy sandy was doing. i was blown away by their efforts. tens of thousands of ordinary new yorkers, volunteering and bringing in hundreds of thousands of dollars worth of supplies, and then distributing them out to the affected hurricane areas. a human network of
josh fox chronicles the work of occupy sandy as well as the human terms of climate change in a newly released short documentary. >> a breezy point an entire neighborhood burned to the ground deposited here in a parking lot of the peach. mattresses, sides of houses, everything one could find each small pile representing a person or a family. a tiny sliver of the american dream left on the scrap heap. >> they've been predicting a storm this big would change the coast line for a long...
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. >> coming up, fema gives the cold shoulder to people in crisfield still suffering after hurricane sandy. that story as eyewitness news continues. >> sharon gibala here with wjz traffic control. if you're about to head out now is the time we usually start seeing delays on the road. right now over the tim. >> in for marty bass in the first warning weather center. the cold temperatures are settling in. your complete first warning weather forecast coming up. >> holiday movies are poping up all over tv. actor an dri mccarthy tells us about his. stay tuned the . >>> it is 6:30. it's a much colder morning than it's been any morning this week. that's live look at the southwest corner of the city. sharon will take care of the other roads and it's tim williams in for bernadette woods who is in for marty bass who is over at first warning weather. >> that gets us there. sure does. today our temperatures are on the cold side. we're looking at 28 degrees starting off. 24 now in oakland 29 elkin, 3 1 on the shore. our forecast high today in the mid 40s which is right on target for our normal high for
. >> coming up, fema gives the cold shoulder to people in crisfield still suffering after hurricane sandy. that story as eyewitness news continues. >> sharon gibala here with wjz traffic control. if you're about to head out now is the time we usually start seeing delays on the road. right now over the tim. >> in for marty bass in the first warning weather center. the cold temperatures are settling in. your complete first warning weather forecast coming up. >> holiday...
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Dec 6, 2012
12/12
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FOXNEWSW
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if it were not for sandy that number would have been north of 200,000. adt may have a stronger jobs report that's the big one economists look at. we expect 93,000 nonfarm jobs have been created last month. the numbers are weak and they suggest it's not just a storm but it is worried about the fiscal cliff holding businesses back from hiring. >> business owners and other people on e-mail which is most of us. when you are reading the e-mails and writing them you rate changes. >> pay attention i guess. do you hold your breath when you are reading an e-mail. it is e-mail apnea. study shows 80 percent of folks have it. when you hold your breath it jacks up your heart rate and live pours glucose into the bloodstream. it ballotses oxygen. don't hold your breath when you read e-mail. >> maybe we get stressed out when you wake up. >> twitter and facebook you have to go through those, too. >> fox business network. 10 after the hour. still to come the aclu coming after a judge for sentencing a teen to ten years of church. the teen doesn't have a problem with it so
if it were not for sandy that number would have been north of 200,000. adt may have a stronger jobs report that's the big one economists look at. we expect 93,000 nonfarm jobs have been created last month. the numbers are weak and they suggest it's not just a storm but it is worried about the fiscal cliff holding businesses back from hiring. >> business owners and other people on e-mail which is most of us. when you are reading the e-mails and writing them you rate changes. >> pay...
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91
Dec 6, 2012
12/12
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WUSA
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eye 91
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associated press president obama will ask the congress for $50 billion in the aftermath of superstorm sandy. now the late october storm was one of the worst to ever hit the northeast section of the country and out in crisfield, maryland, along the eastern shore there's plenty of debris out there. homeowners are still working to repair damage and waiting for any form of federal aid they can get. >>> one maryland community wants to take major action against a plant. residents in mount rainier say their neighborhood is so plagued by bamboo they want it banned altogether. scott broom with the pictures. >> reporter: bamboo, an asian import, invasive species that's become a plague in mount rainier, maryland. it's the most bamboo infested city in the state. you had a term for it. >> the devil's weed. >> reporter: and well known dramatic actor bus howard is under siege and at wit's end. >> we had a garden and all of that and now there's nothing. can you see this root action? see how gnarly that looks. this thing actually looks like something in a sci-fi. >> reporter: weeks ago howard cut the stuff
associated press president obama will ask the congress for $50 billion in the aftermath of superstorm sandy. now the late october storm was one of the worst to ever hit the northeast section of the country and out in crisfield, maryland, along the eastern shore there's plenty of debris out there. homeowners are still working to repair damage and waiting for any form of federal aid they can get. >>> one maryland community wants to take major action against a plant. residents in mount...
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Dec 7, 2012
12/12
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MSNBCW
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. >> if you have cancer and you don't have health insurance, that's hurricane sandy. >> can you name me one person that saved their lives by a handgun? >> millions. >> women are victims of violence all the time. they can make better decisions. >> learn to protect themselves. >> or make better decisions. >> let's get right to our panel now pop toure is a colleague of mine and a host of "the cycle." karen finney and michelle cottle. karen, if i might begin to you, let's start with the breaking news. i want to start with your reaction to news this hour the supreme court will rule on california's gay marriage ban and the defense of marriage act. should same-sex marriage advocates, karen, be nervous or pleased about this? >> i hope that history will show they should be pleased and that this will be the day that, you know, this process where in the same way that loving v. virginia opened up rights for people like my parents to get married, this will be the beginning of the decision where we recognize that same-sex couples should enjoy the same rights and benefits of marriage. i hope it is
. >> if you have cancer and you don't have health insurance, that's hurricane sandy. >> can you name me one person that saved their lives by a handgun? >> millions. >> women are victims of violence all the time. they can make better decisions. >> learn to protect themselves. >> or make better decisions. >> let's get right to our panel now pop toure is a colleague of mine and a host of "the cycle." karen finney and michelle cottle. karen, if i...
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Dec 4, 2012
12/12
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CNBC
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over the last month, despite hurricane sandy, it is still up 5%. but would going over the fiscal cliff hurt or derail the insurance giant as many expect it to derail business in general? joining me now is the chairman and ceo of allstate. thank you for joining us. president and congressional leaders are meeting with state governors today. you're one of the ceos who met at the white house with some of your other colleagues in business. what's your stance of where we are right now in terms of a deal? >> i'm concerned about it. the good news is everybody sees this as an opportunity to really show american global leadership. the rest of the world is all messed up on this. we can show them how to get it done. they've also all agreed on the three buckets, that being revenues, entitlements, and spending reductions. the bad news is they haven't agreed on how much into each bucket. and i don't think they're trying to create a win/win for each other. most good negotiations, you try to help the other person come out with a win. i don't see that here. >> you h
over the last month, despite hurricane sandy, it is still up 5%. but would going over the fiscal cliff hurt or derail the insurance giant as many expect it to derail business in general? joining me now is the chairman and ceo of allstate. thank you for joining us. president and congressional leaders are meeting with state governors today. you're one of the ceos who met at the white house with some of your other colleagues in business. what's your stance of where we are right now in terms of a...
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Nov 29, 2012
11/12
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KRCB
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eye 147
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like the rest of the nation, gas is actually cheaper now than before superstorm sandy. a month ago, superstorm sandy shut down refineries in the northeast, delayed oil shipments and left many gasoline stations without power. in some hard hit areas, prices spiked more than ten cents a gallon. but now, the situation has drastically improved here and around the country. regular unleaded costs an average of $3.42 nationwide. that's 12 cents below where it was a month ago. but drivers are still paying about 12 cents more for gas today than a year ago. a big reason is escalating middle east tensions. >> anytime you have that kind of conflict in the middle east, whether it's the israelis or the egyptians, the syrians, it really the disruption of flow, you know. any time you get a problem in the gulf, it's really going to hinder oil prices. >> reporter: if the recent cease-fire between hamas and israel in the gaza strip holds, many thi prices at the pump will drift lower. it also helps that u.s. refineries are producing ample supplies of gasoline. a.a.a. expects regular unleade
like the rest of the nation, gas is actually cheaper now than before superstorm sandy. a month ago, superstorm sandy shut down refineries in the northeast, delayed oil shipments and left many gasoline stations without power. in some hard hit areas, prices spiked more than ten cents a gallon. but now, the situation has drastically improved here and around the country. regular unleaded costs an average of $3.42 nationwide. that's 12 cents below where it was a month ago. but drivers are still...
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Nov 29, 2012
11/12
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CNBC
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eye 221
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i called sandy, just so sandy fans, i got the erstimate from y beach property and i was lucky. one house stands, the other goes down. >> tools you need to climb the market's rocky terrain. the mad dash is coming up next. and is austerity measures the way to close the deficit. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why mil
i called sandy, just so sandy fans, i got the erstimate from y beach property and i was lucky. one house stands, the other goes down. >> tools you need to climb the market's rocky terrain. the mad dash is coming up next. and is austerity measures the way to close the deficit. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible...
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Dec 7, 2012
12/12
by
CNBC
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eye 83
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no substantive sandy in the jobs numbers. the lack of sandy effect has us scratching our heads, what they said. i just got off the phone with the guy who's the head of doing the numbers, labor numbers at the bls. he walked me through the rather extensibilive process they did fine out if there was any sandy effect, including sampling of businesses in a flood tide areas. >> it was very meticulous. >> i'm pretty convinced they did a good job figuring out if there was an effect and there is no effect which brings us to the numbers which you could believe on face value as much as you can. they'll revise this again. they only come forward with 60% to 70% of the sample. unemployment rate falling 7.7% because largely a drop in the labor force. average hourly earnings up 0.2%. despite positive headlines, xwoeld man sax says we interpret this report as one only slightly better than expected overall given downward revisions and weaker labor force and it does not change our assessment of the underlying strength of the labor market. priva
no substantive sandy in the jobs numbers. the lack of sandy effect has us scratching our heads, what they said. i just got off the phone with the guy who's the head of doing the numbers, labor numbers at the bls. he walked me through the rather extensibilive process they did fine out if there was any sandy effect, including sampling of businesses in a flood tide areas. >> it was very meticulous. >> i'm pretty convinced they did a good job figuring out if there was an effect and...
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121
Nov 30, 2012
11/12
by
CNNW
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eye 121
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when sandy hit, everybody lost power. the reason everything else is dark is because of the infrastructure. usually the island has all these flood lights. you can just see lady liberty there. 12 feet of storm surge down in lower manhattan, think about what that was with lady liberty by her lonesome. >> another neat thing is that lady liberty got sandblasted. when you have an opportunity to look at her, her green is different on her belly than on the top of her. >> really? >> yeah, take a look at that. she got sandblasted and cleaned in the process. there are bright spots. the people working on this, this is their passion, this is their love. they are going to do a great job. it will be open again. >> 27 minutes after the hour. mom and pop shops all over the country hanging on washington's every single move. coming up, a closer look at the fiscal cliff and how it could affect small businesses. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and
when sandy hit, everybody lost power. the reason everything else is dark is because of the infrastructure. usually the island has all these flood lights. you can just see lady liberty there. 12 feet of storm surge down in lower manhattan, think about what that was with lady liberty by her lonesome. >> another neat thing is that lady liberty got sandblasted. when you have an opportunity to look at her, her green is different on her belly than on the top of her. >> really? >>...